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Substantial doubt regarding going concern

Company: Core Scientific

Subject kind
financing
Statement date
2022-10-27
Current status
stated

The claim, verbatim

Core Scientific disclosed substantial doubt about the company's ability to continue as a going concern and stated it is exploring alternatives to its capital structure.

Source (primary)

Core Scientific, Inc. — Entry #1842: Adversary case 22-03345 (RECAP (purchased via PACER), court_filing)
View cached copy (2026-09-26)Live source ↗

Quote: “given the uncertainty regarding the Company's financial condition, substantial doubt exists about the Company's ability to continue as a going concern”

How we checked this

Checked on September 28, 2026. The cited source supports every part of this claim.

The complaint describes and quotes Core Scientific's October 27, 2022 disclosure containing both statements.

Confirmed in the source:

What we did: Read our cached copy of RECAP (purchased via PACER) (https://storage.courtlistener.com/recap/gov.uscourts.txsb.460090/gov.uscourts.txsb.460090.1842.0.pdf) in full (60,424 characters, retrieved September 26, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Core Scientific, Inc. — Entry #1842: Adversary case 22-03345

Quote: “given the uncertainty regarding the Company's financial condition, substantial doubt exists about the Company's ability to continue as a going concern”

View cached copy (2026-09-26)Live source ↗